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20110724
20110724
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congressional leaders are trying to reach a deal before the nation defaults on its loans. house speaker jon weiner may announce a plan by this afternoon to head off negative effects that could happen when the asian markets open on monday. now, he's seeking a deal to raise the debt ceiling and cut spending by equal amounts. top democrats, including president obama, say they will not support a proposal that does not solve the debt ceiling problem through 2012. >> everyone is going to have to be willing to compromise, otherwise, we will never get anything done. >> the american people have long since said it had to quit spending money we don't have. >> white house and congressional officials say that several proposals are still being discussed. >> well, that's certainly an ugly mess. a lot of people are frustrated over the deadlock. congressman pete stark addressed concerns during a town hall meeting in alameda and yesterday. one of the people came -- one of the biggest worries was what would happen to programs that congress can't hammer out? >> a lot of people living on social security and tha
Search Results 0 to 0 of about 1